• Follow us

Automotive

Lidar maker AEye valuation slips 25% to $1.5 billion on new SPAC merger terms

The companies attributed the terms of the amended deal to "changing conditions" in the automotive lidar industry. Read More



Leave A Comment

More News

Automotive News Breaking

Partnerships urged for industry, government on AV deployment 2021-05-13 16:34:41The federal regulatory discussion comes amid multiple reports of Tesla vehicle crashes around the country.

Penske names new CFO 2021-05-13 16:16:32Penske Automotive Group named Shelley Hulgrave as CFO to replace the retiring J.D. Carlson, effective June 1.

Pebble Beach is back on, but not all 2021-05-13 14:46:39Sandra Button, chairman of the show, confirmed Wednesday that it will go on this year on its usual date, the fourth Sunday in August.

Former employee sues Gentex for gender discrimination 2021-05-13 14:46:23The former engineer's attorney said she has heard from multiple women who said they left Gentex because of similar experiences.

Lawmakers back $8 billion for electric U.S. postal 2021-05-13 13:54:57The amendment adopted Thursday would ensure that 75 percent of purchased vehicles would be electric or zero-emission vehicles.

Hyundai, Kia plan $7.4B U.S. investment in EVs, 2021-05-13 11:01:46South Korea's Hyundai Motor and its Kia affiliate said they plan to invest $7.4 billion in the U.S. by 2025 to produce electric vehicles, enhance pro

Fifth generation of Ford family elected to board 2021-05-13 11:00:09Alexandra Ford English, daughter of Executive Chairman Bill Ford, and Henry Ford III, son of Edsel Ford II, on Thursday were voted into two open board

Ford open to speeding up EV shift in 2021-05-13 10:49:56Ford could make the move to all-electric for its passenger vehicles in Europe sooner than 2030. "It's quite possible that we move faster," Ford of

Shift's sales jump, net loss expands in Q1 2021-05-13 09:43:38First-quarter revenue more than tripled to $106 million. The company's net loss grew to $42.8 million.

Ford expands in-vehicle Alexa capability as it begins 2021-05-13 08:00:00Ford said the Alexa capabilities will expand to millions of additional vehicles over the coming years.

Volvo mulls initial public stock offering on Swedish 2021-05-12 13:28:44The automaker says that the potential listing being considered for this year could be a "logical next step" on the company's "capital market journ

Record rise in used-car prices is key culprit 2021-05-12 12:46:48The cost of previously owned sedans, pickups and SUVs soared 10 percent in April.

Motor Trend

Life After AMG: How CEO Tobias Moers Is 2021-05-11 19:01:19Having worked for Daimler AG for 26 years, seven of them as the successful CEO of the company’s in-house hot-rod shop, Mercedes-AMG, it’s

Porsche Sonderwunsch: Your Source for Factory Quality One-Offs 2021-05-11 18:01:19You may be familiar with Porsche’s Exclusive Manufaktur personalization program, or its Classic setup that provides parts and restoration suppor

2022 Volkswagen Tiguan First Look: A Sleeker Compact 2021-05-11 18:01:02Volkswagen enthusiasts might not want to hear this, but the glory days of the Golf are long gone. The Tiguan compact SUV has been a major sales succes

The 2021 Ford Bronco’s Fuel Economy Is Not 2021-05-11 17:40:13The Ford Bronco will wear a few hats: reviving an iconic model, tussling with the Wrangler for off-road-oriented SUV supremacy, headlining a new sub-b

Ford CEO Promises Electric Versions of “Iconic Vehicles,” 2021-05-11 16:01:02Ford is doubling down on its  commitment to electric vehicles, spending $22 billion over five years on electric SUVs, trucks, and vans for retail

The 2022 Honda Civic Looks Great Lowered and 2021-05-11 14:30:09Moments after the official images of the upcoming 11th generation Honda Civic sedan hit the airwaves, the enthusiast community began pitching potentia

The UK Sets Rules Defining, Legalizing Self-Driving Cars 2021-05-11 12:49:12With the rise of advanced driver assistance systems (ADAS) becoming more capable when handling lane keeping (self steering) and the braking and accele

Subaru’s New 2023 Electric SUV Gets a Name: 2021-05-11 11:43:01Subaru’s long-anticipated electric SUV, which is being co-developed with Toyota, is almost here. And now we have a name to put to this new

2021 Ferrari 812 GTS First Drive: Frightening, Just 2021-05-11 08:30:18It’s almost easy to come to the conclusion serious skill is no longer a prerequisite to driving a new Ferrari, but this review of the 2021 Ferra

What’s the Best 2021 Mazda CX-5 Trim? Here’s 2021-05-11 07:00:31The Mazda CX-5 isn’t the newest, highest-tech, most fuel efficient, or most practical compact SUV—but it’s definitely the sportiest.

The Genesis G70 Wagon Will Shooting Brake Your 2021-05-07 14:45:28This week, Genesis—the fairly-newly-minted luxury brand from Hyundai—announced it will start selling their wares in Europe starting this s

Changing Your ’80s or ’90s Ride’s Oil This 2021-05-07 14:00:22Unless you’ve been cut off from the internet or spent the previous few years under a large rock, you’re probably aware that ’80s and


Disclaimer and Notice:WorldProNews.com is not responsible of these news or any information published on this website.